Account Verification
Real-time verification with three matching levels: Exact, Close, and Partial
Verification of Payee (VoP) API Documentation
Prevent payment fraud and errors with real-time account name verification within SEPA
What is VoP?
Verification of Payee (VoP) is a SEPA-wide service that helps prevent fraud and misdirected payments by verifying account details before a payment is made. It is part of the initiatives by the European Payments Council to enhance payment security across the SEPA region. Our API implements the official VoP scheme specifications, providing a standardized way to verify beneficiary details before payment execution.
SEPA Compliant
Fully compliant with EPC VoP Scheme Rulebook and GDPR requirements
High Performance
2-second maximum response time with 99.9% availability
4-Corner Model
Standard SEPA interbank communication model
Why Choose VoP?
VoP (Verification of Payee) offers several compelling benefits aligned with SEPA requirements:
Enhanced Security
- Prevents Authorized Push Payment (APP) fraud
- Detects and blocks suspicious payment patterns
- Implements strong customer authentication
- Ensures GDPR compliance for data protection
Standardized Verification
- Three-level matching system:
- Exact Match: Perfect alignment of details
- Close Match: Minor variations detected
- Partial Match: Significant differences found
- Real-time response within 2 seconds
- Standardized error codes and responses
Regulatory Compliance
- Full compliance with EPC VoP Scheme Rulebook
- Adheres to SEPA data protection requirements
- Supports PSD2 fraud prevention measures
- Provides comprehensive audit trails
Business Benefits
- Reduces fraudulent transactions
- Minimizes operational costs
- Improves customer trust
- Standardized implementation across SEPA
Quick Links
Getting Started
Learn how to get started with VoP integration and setup.
API Integration
Explore our complete API documentation and endpoints.
Technical Requirements
View technical specifications and certification requirements.
Error Handling
Understand our error codes and response handling.
Support
For technical support or questions about the VoP implementation, please contact us at hello@verification-of-payee.com.